Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit card and loans through other bank accounts, days after prominent banking services were curtailed after the RBI imposed moratorium on the lender.
The Washington-based lender, after the first review, posed trust on continuity of IMF-backed reforms needed to bring Pakistan's economy on the stability path. But, it cautioned against fiscal slippages with risks to reforms remaining elevated. The growth was projected to further slide to 2.4 per cent in the current fiscal year from 3.3 percent in the last fiscal of 2018/19, The News International reported.
The airline has also stopped issuing tickets to these departments, except for some such as the AAI and the Ministry of Civil Aviation. The airline has sought immediate repayment of dues, and until then no tickets will be issued on credit to the officials of these departments.
The country's largest car maker Maruti Suzuki India (MSI) on Wednesday said it has partnered Federal Bank to provide dealer finance and customised automobile retail financing solutions to customers. In August this year, MSIL had inducted Federal Bank as an approved partner for dealer inventory funding.
Pakistan on Monday signed an agreement with the Asian Development Bank for a loan worth USD 1.3 billion to support the cash-strapped country's public finances and shore up its slowing economy.
Global ride-hailing major Uber on Wednesday rolled out a driver rewards programme called "Uber Plus" in India that will let drivers earn points for rides so that they can win free doctor consultations, concessions on education modules, access to micro loans, faster airport pick ups and savings on vehicle maintenance costs.
The selloff-bound airline had on October 30 floated bids from banks/ financial institutions to refinance its existing bridge-loan facility worth USD 819 million or worth over Rs 5,800 crore by November 14
The bank will host around 2,000 such 'Maha Loan' camps across the country by end of March 2020, ICICI Bank said in a release.
A loan is a borrowed sum of money, which has to be paid back at a pre-determined maturity date with interest that can be either fixed or variable rate.
Managing director and chief executive CS Ghosh said it took nine months to complete the merger with Gruh and the bank, which has its roots in the micro-lending segment, will now focus more on affordable housing loans.
As per data compiled by the Reserve Bank of India (RBI), the outstanding credit of Public Sector Banks (PSBs) to the MSME sector increased from Rs 8.20 lakh crore in March 2016 to Rs 8.81 lakh crore in March 2019 (provisional).
As per documents of the Federal government, all the loans were taken in the financial year 2018-19, which includes 11 months of the Imran Khan-led Pakistan Tehreek-e-Insaaf party government, the Express Tribune reported.
The World Bank has approved USD 722 million loan for Pakistan that will largely be used for improving civic and public transport facilities in Karachi, according to a media report.
This is in keeping with the needs of a rapidly urbanizing state where about 31 million people reside in urban areas and urban population growth in nine of the 24 districts in Jharkhand is above India's overall urbanization pace of 2.7 per cent.
Addressing the inaugural session of the 16th Odisha Legislative Assembly, the Governor said the government will provide interest free crop loans to small and marginal farmers up to Rs 1 lakh.
The beleaguered public sector Punjab National Bank (PNB) has admitted to 1,142 big and small defaulters all over India who have defaulted a stupendous Rs 25,090.3 crore.
The homes are in 1 and 2 BHK variants with prices starting at an affordable Rs 29.50 lakhs with only 1% GST payment. For those considering a home loan, Rustomjee is thoughtfully organizing at Home Loan Mela at Global City
They have been questioned in the past too at the agency's office in Mumbai after the central agency conducted raids in this case on March 1.
Ministry's adviser and spokesperson Khaqan Najeeb Khan said that "all procedural formalities" for the transfer of the USD 2.1 billion (15 billion yuan) loan being provided by the Chinese government have been completed, and "the funds will be deposited in the State Bank of Pakistan's account by Monday, March 25", the Dawn newspaper reported.
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